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president obama and speaker boehner spoke by phone yesterday for the first time in a week. white house press secretary jay carney i find very interesting refused to characterize the conversation. let's bring in congressman chris van hollen of maryland tonight. good to have you with us. >> always good to when with you. >> you bet. are democrats united on this rate issue? we keep hearing it. now that boehner is starting to move a little bit and say that the money is going to come from the wealthy, yet he hasn't identified these reductions, where do democrats stand on rates? is that the bottom line? the rates have to go up? >> the rates have to go up, ed. it's a matter of simple math, as the president has said. which is why in the house of representatives the democrats filed what's called a discharge petition that would require the speaker to bring to the floor of the house the senate bill, the senate democratic bill that immediately would extend tax relief to all middle income taxpayers and would ask higher income folks to pay more. if we can get about 26 republicans to put t
president obama and speaker boehner spoke by phone yesterday for the first time in a week. white house press secretary jay carney i find very interesting refused to characterize the conversation. let's bring in congressman chris van hollen of maryland tonight. good to have you with us. >> always good to when with you. >> you bet. are democrats united on this rate issue? we keep hearing it. now that boehner is starting to move a little bit and say that the money is going to come from...
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situationn it goes beyond someone being to anti-obama. st this week, tim burton said that he has been to tea party rallies and he has heard the n-word spread around. this is a relentless campaign to put people in their place. it seems to me to be totally unfounded and totally unfair. >> i agree with that. i think people go looking to find something to discredit them. and author of "the new york times" wrote a book about the tea party. "the new york times" is not super conservative, and she found what you said. these are not people who are racist. they are not uneducated people that the media likes of retirement. i think most of them have good intentions. the issue is if you're going to tell your party it is my way or the highway, and if you deviate from this at all, we will come after you. that is not constructive. it just isn't going to work. what you have to do is try to move them and get them to the right place. charles: i guess only the president can say it is my way or the highhway. kiersten, thank you so much. the former dec commiss
situationn it goes beyond someone being to anti-obama. st this week, tim burton said that he has been to tea party rallies and he has heard the n-word spread around. this is a relentless campaign to put people in their place. it seems to me to be totally unfounded and totally unfair. >> i agree with that. i think people go looking to find something to discredit them. and author of "the new york times" wrote a book about the tea party. "the new york times" is not super...
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reduction mostly through spending cuts, and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> thank you. >> reporter: -- a senior white house official assailed it as a step backwards saying if republicans do not agree to some higher rates for wealthier taxpayers, the nation will go over the cliff and the american people will hold the republicans responsible. wall street remains optimistic a deal will be struck, so the lack of progress has not yet resulted in a market plunge, but some economists estimate that because of the uncertainty posed by the fiscal cliff, at least 200,000 fewer jobs have been created this year. and, diane, the official deadline for the fiscal cliff is december 31st at midnight when the ball drops in times square, but there's actually another deadline. the house of representatives is scheduled to go on winter break a week from friday, so really there are only 11 days to work out a plan as of now, diane. >> talk about the clock ticking down. thanks so much, jake. >>> and, of course, the presiden
reduction mostly through spending cuts, and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> thank you. >> reporter: -- a senior white house official assailed it as a step backwards saying if republicans do not agree to some higher rates for wealthier taxpayers, the nation will go over the cliff and the american people will hold the republicans responsible. wall street remains optimistic a deal will be...
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Dec 2, 2012
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the president never presented a plan until this week . the reception on capitol hill was to say the least chilly. senator mcconle laughed at the proposal when presented to him. joining me is allen west. colonel thank you for being here. [ applause ] what wasyour reaction when you finally saw what the president put on the table? >> i was in complete shock. it has nothing to do with reality. if you look at the president's propose to raise taxs and 50 billion more in stimulus spending and want to extend 99 weekings of unemployment benefits which is it a 30 billion a year . the other thing that troubling is that the president wants his own control of raising the debt ceiling . so i don't think we have a president that is serious about getting the debt under control and deficit and government spending under control especially when you understand that we have ha and post office in trouble. we continue to get closer to the fiscal cliff. i think that the president should take a case study and look at calvin coolige and john f. kennedy when they w
the president never presented a plan until this week . the reception on capitol hill was to say the least chilly. senator mcconle laughed at the proposal when presented to him. joining me is allen west. colonel thank you for being here. [ applause ] what wasyour reaction when you finally saw what the president put on the table? >> i was in complete shock. it has nothing to do with reality. if you look at the president's propose to raise taxs and 50 billion more in stimulus spending and...
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president obama planning to meet with governors next week as par of his effort to talk with people about avoiding the fiscal cliff. members of the national governors' association executive committee meeting at the white house next tuesd, icluding chairman teller governor as well as wisconsin governor scott walker. the president will deliver a speech to the business rodtable was a recap the president has delivered a speech at a toy factory, met with small business owners, middle-class taxpayers, labor union leaders, two groups of business executives on the cliff, but has not met with the republicans with whom he has to deal in order to cut a deal. up next, the house passes legislation to provide visas to emigrants wi advanced degrees. crieof racism from one democrat. we will take it up in the "lou dobbs forum." republicans leading the way on immigration reform. we will take that up as well. on our way to this break, here is our list of the folks the president should also consider meeting with on the fiscal cliff. ♪ lou: in "lou dobbs forum" we will talk about illegal immigration and eff
president obama planning to meet with governors next week as par of his effort to talk with people about avoiding the fiscal cliff. members of the national governors' association executive committee meeting at the white house next tuesd, icluding chairman teller governor as well as wisconsin governor scott walker. the president will deliver a speech to the business rodtable was a recap the president has delivered a speech at a toy factory, met with small business owners, middle-class taxpayers,...
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Dec 6, 2012
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. >> it was week. >> president obama has said that he has pen in hand and he's prepared to sign the middle income tax cuts. >> you have a president of the united states that has the mighty pen. you bailed out the banks. bail out the american people that don't have homes for the holidays. >> in his second term i hope he will offer fresh ideas and serious leadership. >> we need a response from the white house. >> i'm hea here to tell you that nobody wants to get this done more than me. >> it's true that president obama won reelection and i congratulate him on his victory, but on january 20th, he'll face a stagnant economy and a fiscal mess. >> our people in an overwhelming way supported the reelection of this president, and there ought to be a quid pro quo and you ought to exercise leadership on that. >> you want the answer to solving the fiscal cliff? we put an offer on the table. the president now has to engage. >> you might even say he'll inherit these problems. >> the president is going away for christmas. he's going to hawaii for 20 something days. where am i going to be? where are my n
. >> it was week. >> president obama has said that he has pen in hand and he's prepared to sign the middle income tax cuts. >> you have a president of the united states that has the mighty pen. you bailed out the banks. bail out the american people that don't have homes for the holidays. >> in his second term i hope he will offer fresh ideas and serious leadership. >> we need a response from the white house. >> i'm hea here to tell you that nobody wants to...
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Dec 5, 2012
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last week with top advisers from both the obama and romney campaigns. they just released, by the way, tonight, we have the audio recordings of that not filmed event. we have a real autopsy of what went on behind the scenes during the primaries, the conventions, and the general election on the romney side. let's start with the republican race for the nomination. romney's campaign manager matt rhoades was asked whether his candidate had gone too far to the right on immigration when challenged by texas governor rick perry and whether he had any regret about that. rhoades brings up the romney attacks on perry for calling social security a ponzi scheme and says he now feels that would have been enough to defeat perry. he says he didn't need to take the hard right stance on immigration. let's listen to this. here it is. >> i regret that -- i truly believe that people were shocked that we were going after governor perry in a republican primary on social security. they were critical of us at the time saying we were hitting him from the left, and, you know, if y
last week with top advisers from both the obama and romney campaigns. they just released, by the way, tonight, we have the audio recordings of that not filmed event. we have a real autopsy of what went on behind the scenes during the primaries, the conventions, and the general election on the romney side. let's start with the republican race for the nomination. romney's campaign manager matt rhoades was asked whether his candidate had gone too far to the right on immigration when challenged by...
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legalized week in washington state for any reason you want to smoke it? why the fed under obama? why are they doing that? >> they are in a panic mode. their world is crumbling and they don't know what to do. they don't have direction. they want to keep it, they want to keep it illegal for various reasons. so they keep the funding coming. [talking over each other] stuart: the administration has become very liberal on the issue of gay marriage and abortion and free contraception. social issues, this is a presidency that has moved away towards the liberal position but not on marijuana. they are still going to stop it. they closed down medical marijuana facilities in california. i don't get it. you are telling me this is all about money and funding? keep the money flowing? >> yes. like the end of a war. this is the war on drugs that is ending and like all wars they are hard -- the sponsors, got a lot of people invested in to the war on drugs and now that it is ending they are in a panic. i want to see america which is like a giant prison right now, with the l
legalized week in washington state for any reason you want to smoke it? why the fed under obama? why are they doing that? >> they are in a panic mode. their world is crumbling and they don't know what to do. they don't have direction. they want to keep it, they want to keep it illegal for various reasons. so they keep the funding coming. [talking over each other] stuart: the administration has become very liberal on the issue of gay marriage and abortion and free contraception. social...
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Dec 3, 2012
12/12
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they voted for president obama and are walking on cloud nine. the other half, well, not so much. they are confused, despondent, even sleepless, they wonder if the whole nation has gone quite mad and want to return it common sense not another four years on fantasy island. now, we're taught as kids to be good sportsmen, not to gloat after winning, to give the other side a high five and say good game. have we seen much of that from the winners since november 6th? nope. but no matter, being a good sport means not just being a gracious winner, it means being a good-spirited loser, even when it's hard to feel that way. half an election, the losing party must ask, what went wrong, why didn't people come out to vote. but enough self-flangelation, it's time to get up and dust ourselves off and walk to midfield, give them the high five they deserve and get to work. what is the alternative? anger? sadness? depression? that's no way to live and it's certainly no way to win an argument, let alone future election. so, what now? it's not time to change principles, the values that's individual l
they voted for president obama and are walking on cloud nine. the other half, well, not so much. they are confused, despondent, even sleepless, they wonder if the whole nation has gone quite mad and want to return it common sense not another four years on fantasy island. now, we're taught as kids to be good sportsmen, not to gloat after winning, to give the other side a high five and say good game. have we seen much of that from the winners since november 6th? nope. but no matter, being a good...
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Dec 7, 2012
12/12
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at least 6 people have been killed this week and dozens injured. obama is urging both sides to hold talks without preconditions. >>> vice president dick cheney offering scathing criticism of president obama's foreign policies. >> we have more territory in that part of the world when you start to add up all of the areas that have come or have come under the influence of muslim brotherhood and radical islamists. that part of the world piers to be muffling into a direction that is fundamentally hostile. >> he was being honored by the hudson institute for his contributions to the u.s. and government. >>> a day after hunters found two bodies in a rural area the mother of a missing girl confirms it is her daughter and her niece. dozens of people attended a vigil. the girls disappeared back in july while riding their bikes. a positive id needs to be made by a medical examiner. >>> a champion for conservative causes will be leaving the senate. jim demint stepping down to become president of the heritage foundation. he says he can do much more outside of co
at least 6 people have been killed this week and dozens injured. obama is urging both sides to hold talks without preconditions. >>> vice president dick cheney offering scathing criticism of president obama's foreign policies. >> we have more territory in that part of the world when you start to add up all of the areas that have come or have come under the influence of muslim brotherhood and radical islamists. that part of the world piers to be muffling into a direction that is...
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Dec 2, 2012
12/12
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not exactly a meeting of the minds this week between president obama and house speaker john boehner on just where talks to end the fiscal showdown stand. the president, for his part, took his case to the public and repeated his call for a tax hike on upper income americans but made little mention of cuts to entitlement spending. something the speaker said must be part of any final deal. joining the panel this week, wall street journal columnist and deputy editor dan, and ms. o'grady and washington columnist kim stossel. you are stuck in washington having to talk to all the sources. and you have been working them this week, i know. is the mood as sour as it sounds? >> it is by the end of this week and here's why. republicans came out right after the election and said to the president, you want revenue, here. you want revenue on the wealthy? we will give it to you. let's do this via limbing tax deductions for the wealthy. the president instead of taking that, running it, ceiling a deal, has been out campaigning for tax hikes. and to cap it off, sent treasury secretary tim geithner down t
not exactly a meeting of the minds this week between president obama and house speaker john boehner on just where talks to end the fiscal showdown stand. the president, for his part, took his case to the public and repeated his call for a tax hike on upper income americans but made little mention of cuts to entitlement spending. something the speaker said must be part of any final deal. joining the panel this week, wall street journal columnist and deputy editor dan, and ms. o'grady and...
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Dec 4, 2012
12/12
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we have to insist, yes we can. >> that was in 2009 just weeks after he was inaugurated. the following year in 2010, president obama convened the first nuclear security summit in washington. more than 40 heads of state got together to discuss among other things how to best safeguard the nuclear material that already exists around the world. that same year president obama signed a new stark treatment. an agreement between united states and russia to reduce the number of nuclear weapons in each country's arsenal. he called that his top national security priority and he got the senate to ratify it. it's hard to put a bigger exclamation point on a policy than the way he's talked about nuclear disarmament. and counterproliferation. keeping the world safe not just from nuclear weapons, but nuclear material falling into the wrong hands. it's still this underappreciated it thing about what is important to him. and also how long it's been important to him. today president obama underscored how seriously he's taken this issue from the beginning of his career in a speech praising in
we have to insist, yes we can. >> that was in 2009 just weeks after he was inaugurated. the following year in 2010, president obama convened the first nuclear security summit in washington. more than 40 heads of state got together to discuss among other things how to best safeguard the nuclear material that already exists around the world. that same year president obama signed a new stark treatment. an agreement between united states and russia to reduce the number of nuclear weapons in...
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Dec 6, 2012
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this week president obama puts syrian leader bahsar al assad on notice about the use of chemical weapons. and now we know why. pentagon sources tell nbc news that syria is preparing chemical weapons for the possible use against the military people in the form of aerial bombs. jim miklaszewski reports. >> reporter: as the fighting grows more intense and syrian rebels close in on damascus, the syrian regime has turned increasingly desperate. u.s. officials tell nbc news the syrian military loaded the precursor chemicals for sarn nerve gas into aerial bombs. that could be dropped from dozens of syrian fighter bombers. this week u.s. intelligence detected a flurry of activity at chemical weapons sites like this one. while u.s. officials confirm the precursor chemicals are loaded, they must still be mixed together to create the deadly sarin gas. the development shook the world. president obama and secretary of state hillary clinton issued strong warnings to syria's president assad that there would be serious consequences if he used chemical weapons. >> it's the point of no return. they're goi
this week president obama puts syrian leader bahsar al assad on notice about the use of chemical weapons. and now we know why. pentagon sources tell nbc news that syria is preparing chemical weapons for the possible use against the military people in the form of aerial bombs. jim miklaszewski reports. >> reporter: as the fighting grows more intense and syrian rebels close in on damascus, the syrian regime has turned increasingly desperate. u.s. officials tell nbc news the syrian military...
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Dec 6, 2012
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to 26 weeks. they say they're willing to do this. is this the fight that the obama administration really wants to take up freshly inaugurated, freshly into its new term to try to map out big, bold leadership instead of digging these trenches down the line that are going to have pitfalls and stakes all buried in it? >> i come from the school of thought that this country has overcome a lot more than just a few extra dollars. i do believe that this economy will continue to thrive, this economy will continue to move forward. i don't believe that we're going to go into a huge, deep recession again if these bush tax cuts expire. i do believe that you can strengthen the economy if you let everything go off the cliff and come back and put in front of the american people and do a better job for the economy. there's up side either way you go. the president has got boehner in an untenable position. he doesn't have very many avenues to a victory right now but he's got a good escape, thomas. all john boehner h
to 26 weeks. they say they're willing to do this. is this the fight that the obama administration really wants to take up freshly inaugurated, freshly into its new term to try to map out big, bold leadership instead of digging these trenches down the line that are going to have pitfalls and stakes all buried in it? >> i come from the school of thought that this country has overcome a lot more than just a few extra dollars. i do believe that this economy will continue to thrive, this...
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Dec 5, 2012
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>>eric: let me sum this up, you met with president obama days after the hurricane sandy. here we are, it has been several weeks after the meeting and you don't feel anything has happened? you don't feel your life is, you are being taken care of or thought about great fema, from schumer, 9 state, from the federal government including obama, is that right? >>guest: absolutely not. not only me but my neighbors feel the same. we are the forgotten borough, we are the forgotten people. we are the middle class people and we are the working class people that have paid our taxes and we are not getting anything in run. it is always fema, deny this. you have to reapply. it is a joke. a joke. you are the president of the united states, you got that pen, you bailed out the banks, bail out the american people that don't have homes for the holidays. the president is going away. he is going to hawaii for christmas for 20 something days, where am i going to be? where are my neighbors going to be? we will not have a place called home. mr. president, you have to do something. you are the pr
>>eric: let me sum this up, you met with president obama days after the hurricane sandy. here we are, it has been several weeks after the meeting and you don't feel anything has happened? you don't feel your life is, you are being taken care of or thought about great fema, from schumer, 9 state, from the federal government including obama, is that right? >>guest: absolutely not. not only me but my neighbors feel the same. we are the forgotten borough, we are the forgotten people. we...
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Dec 5, 2012
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cycle, setting the stage for president obama to return the favor in 2016. if she so decides to run. remember earlier this week, she was at the save and center for middle east policy and they ran that glossy video that felt like a campaign video in which she was praised by a number of officials, including president benjamin netanyahu. the stage sbing set f that's what she decides. if you go deeper into that poll, 66% of women say she should run, so higher than the national average. that would be one of her core constituencies. those close to me tell me when she steps down she'll focus on resting. >> to be frank, though, i think she's deserved a well-deserved rest. >> reporter: absolutely. i gave birth to my daughter on may 18th, five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. look this isn't my first christmas. these deals all seem great at the time... but
cycle, setting the stage for president obama to return the favor in 2016. if she so decides to run. remember earlier this week, she was at the save and center for middle east policy and they ran that glossy video that felt like a campaign video in which she was praised by a number of officials, including president benjamin netanyahu. the stage sbing set f that's what she decides. if you go deeper into that poll, 66% of women say she should run, so higher than the national average. that would be...
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Dec 9, 2012
12/12
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is more of the same in store for the week ahead? joining us, managing edit for of the hill. >> good morning. >> we talk about this happening and going over the cliff. speaker boehner accuses the white house of dragging its feet. >> president obama offered a proposal, republicans didn't like that plan. now the g.o.p. has countered. so the ball is in the white house's court and that's what republicans are basically waiting for. but i don't see -- i don't think you'll see real progress over the next week. we are about two weeks away from christmas. three weeks until we hit the deadline and they're nowhere. what speaker boehner said correct. there's been no progress and there will be nor jockeying and leverage the next week. >> i want to point out in the president's weekly address that was issued yesterday, he says there's wiggle room by democrats to come up with a solution. >> that's true. that's what president obama -- he's been saying to republicans here and there, i'm willing to put more on the table but pour the moment, democrats a
is more of the same in store for the week ahead? joining us, managing edit for of the hill. >> good morning. >> we talk about this happening and going over the cliff. speaker boehner accuses the white house of dragging its feet. >> president obama offered a proposal, republicans didn't like that plan. now the g.o.p. has countered. so the ball is in the white house's court and that's what republicans are basically waiting for. but i don't see -- i don't think you'll see real...
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Dec 10, 2012
12/12
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CNBC
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president obama meeting with the house speaker boehner in a closed door session over the weekend. yesterday in fact. trying to hammer out a deal. we hope you watch the redskins win over the ravens there in the last minute. president set to speak later at an auto plant in michigan about his planes it raise taxes on the rich. our chief political correspondent live at the white house with the latest. hi, john. >> hi, tyler. it is glammy and overcast in washington today but everybody is looking for bright signs about the fiscal cliff. we have a bright side yesterday when john boehner came here to the white house. house speaker to talk to president obama. first individual one on one meeting since the election and that meeting and some other signals that have been sent publicly by both parties have caused some noted skeptics of us getting a fiscal cliff deal. >> i think the atmospherics are getting so much better. we've gotten out after ka bookie theater and gone to dancing the tango with those two guys. any time you start to tango, you have a chance. >> chances of getting it done now a
president obama meeting with the house speaker boehner in a closed door session over the weekend. yesterday in fact. trying to hammer out a deal. we hope you watch the redskins win over the ravens there in the last minute. president set to speak later at an auto plant in michigan about his planes it raise taxes on the rich. our chief political correspondent live at the white house with the latest. hi, john. >> hi, tyler. it is glammy and overcast in washington today but everybody is...
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to do a balancedded approach, stealing a line from president obama. what's interesting about the issues is it looks like wall street is now teaming up with the president, despite the fact they supported mitt romney. they are now teaming up -- >> eating you, crawling back? >> looks like they are forcing -- they are forcing the issue, and, basically, supporting the president's position on this for higher taxes on those upper brackets. little bit of background on tom. he was a senior executive at morgan stanley in a very big democratic operative, a senioo executive, then to be hillary clinton's number two of secretary of state, and rumored, rumor, it's in the wall street washington nexus, that if jack lew is treasury secretary, highly likely if you read the tea leaves, he gets jack's job as the chief of staff. interesting meeting. this guy is a key player in the obama administration. you know, there's lots of taj about coming back to wall street. he likes it down there, and he likes working there, and that he wants a higher position, and, you know -- >>
to do a balancedded approach, stealing a line from president obama. what's interesting about the issues is it looks like wall street is now teaming up with the president, despite the fact they supported mitt romney. they are now teaming up -- >> eating you, crawling back? >> looks like they are forcing -- they are forcing the issue, and, basically, supporting the president's position on this for higher taxes on those upper brackets. little bit of background on tom. he was a senior...
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. >> president obama said look, if republicans agree to my tax plan, we can get this deal done in a week.3 john boehner is waiting on the president, he says he's read hey to meet with the president at any time. we asked the president obama plan on calling the speaker or inviting the speaker to the white house and we haven't gotten a response. what is dumbing this all up is the tax rate increase. >> were not insisting on rates out of spite for any kind of partisan victory. but rather because we need to raise a certain amount of revenue. >> an obsession to raise taxes is not going to solve the problem. what will solve the problem is doing something about the entitlements, taking on wasteful spending in washington. speak up for the fiscal cliff is part of the half trillion dollars in cuts to the pentagon. the defense has been saying we will not plan for sequestration's because they don't want to be cautious because it is like a gun to the head. they're now looking into planning for this because we are getting pretty late, and that may become a reality. back to you. melissa: rich edson, than
. >> president obama said look, if republicans agree to my tax plan, we can get this deal done in a week.3 john boehner is waiting on the president, he says he's read hey to meet with the president at any time. we asked the president obama plan on calling the speaker or inviting the speaker to the white house and we haven't gotten a response. what is dumbing this all up is the tax rate increase. >> were not insisting on rates out of spite for any kind of partisan victory. but rather...
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Dec 9, 2012
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WBAL
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tax and spending stalemate recommended take the country over the fiscal cliff in three weeks. they want to about to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase to actually solve our problems? yes. >> we have one house and that's it. this is in the democrats' hands. >> we agree on 98% of this, to me, i would just get it off the table also they don't worry about it. >> they agreed that visits are going up on the rich no matter what. >> you cannot generate enough revenue to have meaningful deficit reduction. >> republicans want a big spending cuts from programs like medicare and social security. >> we do not want to be here in another year or attend. >> on both sides of pennsylvania avenue, from main street to wall street, americans are waiting to see who will blink first. both are eager to wind down the crisis, but no one wants to walk away in defeat. , wbal-tv 11 news. >> an update on a former president in the hospital. >> former president george h. w. bush remained unstable condition for treatment of a bronchitis- related costs. and
tax and spending stalemate recommended take the country over the fiscal cliff in three weeks. they want to about to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase to actually solve our problems? yes. >> we have one house and that's it. this is in the democrats' hands. >> we agree on 98% of this, to me, i would just get it off the table also they don't worry about it. >> they agreed that visits are going up on the rich no matter...
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Dec 10, 2012
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meeting held between president obama and house speaker boehner on the so-called fiscal cliff. and the two most important players involving the financial future of our nation. i'm harris falkner, we're told a meeting was held behind closed door and without the media's knowledge and both men tight-lipped about what was said and when we asked for comments, both giving us the same statement, quote, this afternoon the president and speaker boehner met at the white house to discuss efforts to resolve the fiscal cliff, we're not reading out details of the communication, but the lines of communication remain open, end quote. this meeting comes as the white house and congress appear to be at at impasse, you know by now is crippling spending and tax hikes and could cost us jobs and send us back into recession and to solve the problem, republicans say we must prevent our ballooning national debt from crushing generations. and chief white house correspondent now ed henry joins us by phone with the latest on this breaking story, ed, they kept this under wraps. how big after deal is this? >
meeting held between president obama and house speaker boehner on the so-called fiscal cliff. and the two most important players involving the financial future of our nation. i'm harris falkner, we're told a meeting was held behind closed door and without the media's knowledge and both men tight-lipped about what was said and when we asked for comments, both giving us the same statement, quote, this afternoon the president and speaker boehner met at the white house to discuss efforts to resolve...
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you had obama last week, you had the republicans counter that today. they're a mile apart -- david: michael, hold on a second. let me make sure that we get you straight here, because i think i might have misread your notes. you're not saying we're going to have a 4% contraction in the economy, you think a 4% pullout in the market? >> oh, absolutely not. no, i'm not making a call like that on the economy. i'm saying the market could back up that amount in a worst case scenario if it gets contentious in the next few weeks. but unlike the others, i do think they will come to an agreement. i do think right now you're seeing the negotiating process play out, and when you have this play out, the market that's already run up, i think we could go sideways and trade like we did today. today wasn't disastrous. volume was very light. yeah, we went out on the lows, we had some negative economic data points, and i think that's what we're in for until we get some clarity on what happens with the cliff. >> all right, charlie, folks have got to put their money to work
you had obama last week, you had the republicans counter that today. they're a mile apart -- david: michael, hold on a second. let me make sure that we get you straight here, because i think i might have misread your notes. you're not saying we're going to have a 4% contraction in the economy, you think a 4% pullout in the market? >> oh, absolutely not. no, i'm not making a call like that on the economy. i'm saying the market could back up that amount in a worst case scenario if it gets...
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, their first conversation a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts, republicans say they're still waiting on a counter offer from the white house. lori: i wonder if they're talking football. >> it got messy. melissa: the house may be sending the members home t for e president seems to think if they got down to business, it is an easy fix. melissa: we can probably solve this in about a week. melissa: piece of cake. he thinks it is too late to get anything done before the end of the year as both sides are too far apart on key issues. joining us now, financial economist at jefferies. we think it is too late, we're going over the cliff. how come? >> not enough time to address all the issues that need to be addressed. especially they will talk o on a phone only once per week. it has been some progress on the tax cut side in terms of tax reform that could raise a type of revenue that we are going to need, but as far as i can see, there has been no meaningful discussion at all on the spending side and as many america
, their first conversation a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts, republicans say they're still waiting on a counter offer from the white house. lori: i wonder if they're talking football. >> it got messy. melissa: the house may be sending the members home t for e president seems to think if they got down to business, it is an easy fix. melissa: we can probably solve this in about a week. melissa: piece of...
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david: a fiscal deal could be reached in a week. rich edson with the latest. it was an off the record meeting. this is a meeting that affects all of us. speak of the business roundtable says all the meetings are off the table and they have the initial remarks live and available to the press. in that the president did say we could settle this issue in a week if republicans relent on their position for taxes. offering $800 billion in tax revenue, coming from only closing loopholes and seductions, no to a tax rate increase for the president says it is making $250,000 or more, tax rates are going up. >> we will not raise them just out of spite, but rather because the need to raise a certain amount of revenue. >> the president doesn't agree with our proposal and our outline, think he has an obligation to send one to the congress. and a plan that could pass both chambers of commerce. if you look at the plans the white house has talked about thus far, they couldn't pass either house of the congress. >> high-level negotiations have basically stalled at this point. old
david: a fiscal deal could be reached in a week. rich edson with the latest. it was an off the record meeting. this is a meeting that affects all of us. speak of the business roundtable says all the meetings are off the table and they have the initial remarks live and available to the press. in that the president did say we could settle this issue in a week if republicans relent on their position for taxes. offering $800 billion in tax revenue, coming from only closing loopholes and seductions,...
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Dec 4, 2012
12/12
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where president obama will have inauguration in a couple of weeks. from the speaker bearing brooks brother to devil wears prada. anna winter raised money to get president obama re-elect and it could be paying off for her now. bloomberg news is reporting that she is on the short list to be the next ambassador to the u.k. or to france. a hat tip to the "new york post," owned by the parent company of the network. she was trying to audition by fundraisers and glossy spreads in the magazine. what do you think? quid pro quo? >> dana: yeah, i do. she is an accomplished woman. if you have a movie made that says you're the devil you'v youe something. >> greg: they made one for you. >> dana: i'll reserve comment whether she deserves it and would be a good ambassador. we talked about this eight months ago with a big event here. someone slipped it out she would love to be the u.k. ambassador. i think it could happen. >> andrea: do you think it's real or her floating her own name for job? >> greg: i would like to send her away. england sent us victoria beckham. s
where president obama will have inauguration in a couple of weeks. from the speaker bearing brooks brother to devil wears prada. anna winter raised money to get president obama re-elect and it could be paying off for her now. bloomberg news is reporting that she is on the short list to be the next ambassador to the u.k. or to france. a hat tip to the "new york post," owned by the parent company of the network. she was trying to audition by fundraisers and glossy spreads in the...
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under obama care the taxes which will pay for it go into effect on january 1st, three, four weeks from now, that will hit people who make $200,000 a year, not 250, not 350, $200,000 a year. charles: right the taxes on medical devices is a de facto tax on every single person who visits a hospital every person who hopes to be saved one day by medical science. all these taxes are out there. the ultimate point why are they so rigid on this 250? they have to go lower to ultimately fund this giant government. >> yeah, 250, 200 still sounds high to a lot of people watching this, but basically if you're earning upwards of $40,000, the burden of paying for obama-sized government will fall on you. and the point is, then, it becomes harder to get from earning 40 grand to earning 80 grand to earning 150. we will have a latin american situation where you will have a privileged elite still vacationing at martha's vineyard and you will have a huge great dysfunction underneath but no middle class. charles: that vacation elite will be the men and women of wisdom that went to harvard with obama and they
under obama care the taxes which will pay for it go into effect on january 1st, three, four weeks from now, that will hit people who make $200,000 a year, not 250, not 350, $200,000 a year. charles: right the taxes on medical devices is a de facto tax on every single person who visits a hospital every person who hopes to be saved one day by medical science. all these taxes are out there. the ultimate point why are they so rigid on this 250? they have to go lower to ultimately fund this giant...
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meeting the speaker says is necessary, but it was the first time that the two men have spoken in a week. for the latest on these stalled negotiations, we turn to fox news chief white house correspondent ed henry forhe report. >> trying to lay blame for stalled buet talks on republicans, president obama today wrateted up pressure on boehner. >> nobody wants this done more than me. >> for the first time, plan for massive spending cuts from going over the fiscal cff warning business executives, the economy could take another hit if republicans cide to extend just to middle class tax cuts to avoid the cliff for now and come back next year with more leverage to tie spending cuts and medicare reform to another hike in the nati's debt ceing. >> we're not going to play that game next year. if congress, in any way suggests they tie negotiations to debt ceiling votes, and take us to the ink of default again as part of a budget negotiation, i will not play that game. >> republicans held their meeting with small business owners and denied they are trying to punt until next year. >> i'll be here. i'
meeting the speaker says is necessary, but it was the first time that the two men have spoken in a week. for the latest on these stalled negotiations, we turn to fox news chief white house correspondent ed henry forhe report. >> trying to lay blame for stalled buet talks on republicans, president obama today wrateted up pressure on boehner. >> nobody wants this done more than me. >> for the first time, plan for massive spending cuts from going over the fiscal cff warning...
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joe biden shopping at costco last week. did some holiday shopping, and posts pictures with jim senegal and warren buffett's right hnd man and bill gates' dad on the board, too, and receive early dividends and ay less tabs. several reports say the demand for microsoft's surface tablet is so weak that they cut the orders from the asian manufacturer in half. i own microsoft stock. lauren, where is it now? >> 1% and stuart, i feel bad for you, microsoft was the second worst performer in the dow jones for the month of november and needs all of the gains today. and you know, if you've ever walked past time square, i know it's kind of right by where we work. that surface pop-up store from microsoft is always jam packed, i guess it's in a busy area and it's surprising to see they're cutting back on orders. stuart: next time i go in there if i do. i'll press for an early dividend payout of microsoft's 50 billion dollars in cash so some of us can benefit before the end of the year, but i'm not holding my breath on that. all right, la
joe biden shopping at costco last week. did some holiday shopping, and posts pictures with jim senegal and warren buffett's right hnd man and bill gates' dad on the board, too, and receive early dividends and ay less tabs. several reports say the demand for microsoft's surface tablet is so weak that they cut the orders from the asian manufacturer in half. i own microsoft stock. lauren, where is it now? >> 1% and stuart, i feel bad for you, microsoft was the second worst performer in the...
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Dec 10, 2012
12/12
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still another reason to buy this company that is at its 52-week high. >> president obama hits the road to secure his position on the fiscal cliff. but why ral-- this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> i just want to be sure
still another reason to buy this company that is at its 52-week high. >> president obama hits the road to secure his position on the fiscal cliff. but why ral-- this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. can i still ship a...
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Dec 5, 2012
12/12
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. >>> president obama's chief speechwriter might be leaving. "the washington post" reports john favro is not clear if he'll write the president's inaugural address first. >>> where is jan brewer? she notified her office she'd be gone for a week but didn't say where she'd be going. her staff says it is official business. >>> two big milestones for women, congressman nita lowie will be the ranking democrat, making her the highest in that ki committee's history and elizabeth warren is expected to be named to the senate banking committee. according to the "wall street journal" it could be a signal from the democrats to wall street to watch out. >>> we're barely out of the november 2012 elections and there's talk what big names you could see in the ballot box ahead. richard lui is here with that. >> that's the question in the races cory booker tweeted this about a potential run one supporter saying please run for governor. booker answered said i'm not sure but definitely considering it. seriously if actions are any indication his week of living on f
. >>> president obama's chief speechwriter might be leaving. "the washington post" reports john favro is not clear if he'll write the president's inaugural address first. >>> where is jan brewer? she notified her office she'd be gone for a week but didn't say where she'd be going. her staff says it is official business. >>> two big milestones for women, congressman nita lowie will be the ranking democrat, making her the highest in that ki committee's history...
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Dec 5, 2012
12/12
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now president obama may announce his pick for defense secretary within the next couple weeks and he may make it in a high-powered package announcement along with his choice for secretary of state. so all these jobs coming up, state, defense, cia, all will need to be confirmed by the senate and will be announced maybe at once and before christmas. maybe this is the time to have the debate about the way our national security is run. the debate we did not necessarily have before we started making big fundamental changes to that system that mostly just still get discussed behind closed doors. joining us now is senator claire mccaskill, chair of the support subcommittee. thank you for being here. >> it's great to be here. >> you and i have had a lot of interesting conversations over the years about national security. in part, because we have some differences of opinion on it. did i say anything that struck you as a misstatement of the facts? >> it's important to point out that the enemy of today is a much different enemy than the enemy that our country worried about when we were very young,
now president obama may announce his pick for defense secretary within the next couple weeks and he may make it in a high-powered package announcement along with his choice for secretary of state. so all these jobs coming up, state, defense, cia, all will need to be confirmed by the senate and will be announced maybe at once and before christmas. maybe this is the time to have the debate about the way our national security is run. the debate we did not necessarily have before we started making...
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Dec 6, 2012
12/12
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FOXNEWS
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but explain what it is. >> it's christmas for obama bundlers. this is the annual ritual, the patronage rewards for his biggest 1% elitist donors and there have been reports now over the last week that anna winter, the fashion famous vogue editor who raised hundreds and hundreds of thousands of dollars for team obama, not just this year action but during the first term as well, is being considered for an ambassadorship for britain. and this is along with several other bundlers who have raised each more than half a million dollars for obama over the last campaign cycle, who are being considered for other positions. and of course, the reaction from the democrats and the left is, well, this is always the way it's been and yeah, well, that's exactly the point because this is what hope and change has ushered in, more retroactive back -- >> steve: why would anna wentor want to take a step down from being the top of a magazine? >> well, it's all about the prestige, the power and the access. >> brian: real quick, tell me what you think is going to happen
but explain what it is. >> it's christmas for obama bundlers. this is the annual ritual, the patronage rewards for his biggest 1% elitist donors and there have been reports now over the last week that anna winter, the fashion famous vogue editor who raised hundreds and hundreds of thousands of dollars for team obama, not just this year action but during the first term as well, is being considered for an ambassadorship for britain. and this is along with several other bundlers who have...
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Dec 4, 2012
12/12
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. >> too little, too late; president obama's response to the g.o.p. plan to avoid the cliffally. in an interview with blomberg tv the president said there is not enough time to pull off the republican's proposal that overhauls the tax system and entitlements at tate days from going over the fiscal cliff which is called the series of spending cuts and expiring tax breaks which would be an economic disaster. the sticking point is the call for higher taxes for families, higher taxes on amounts earned above $250,000. everyone gets the tax cut, the first $250,000 is not taxable only but that. the president says, look, i ran on this and i am going to do this. but he is signaling he could be flexible on how high they would go. ed henry is like. this has been out there for a few days. >>reporter: that right. the president had the governors in today and they underdiscover the fiscal cliff will not just impact the national economy but have a lot of impact on state and local economies, as well, and their state budgets, et cetera. the president, though, is standi
. >> too little, too late; president obama's response to the g.o.p. plan to avoid the cliffally. in an interview with blomberg tv the president said there is not enough time to pull off the republican's proposal that overhauls the tax system and entitlements at tate days from going over the fiscal cliff which is called the series of spending cuts and expiring tax breaks which would be an economic disaster. the sticking point is the call for higher taxes for families, higher taxes on...
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Dec 2, 2012
12/12
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CNNW
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. >>> ahead, president obama back in campaign mode, and, later, the election ended four weeks ago, but some people are still voting. how one lingering race might affect speaker boehner's future negotiations with the white house. walmart-preferred rx plan p-d-p gives you a low $18.50 monthly plan premium... and select generic hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. and this is the nokia lumia 920 from at&t. it's got live tiles so all my stuff's always right there in real-time. it's like the ultimate personal assistant. but i'm me, and me needs handlers. so i hired todd to handle it for me. todd, gimme that hollywood news! what's happening on twitter? you're trending! yes! i like you todd. i don't like todd because he's quitting. but now i'm hiring a new todd and it could be you. [ male announcer ] go to workforwill.com and try live tiles, that deliver what you want in real time. only from at&t. rethink possible. [ male announcer ] can a car be built around a state of mind? ♪ announcing the all-new 2013 ma
. >>> ahead, president obama back in campaign mode, and, later, the election ended four weeks ago, but some people are still voting. how one lingering race might affect speaker boehner's future negotiations with the white house. walmart-preferred rx plan p-d-p gives you a low $18.50 monthly plan premium... and select generic hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. and this is the nokia lumia 920 from...
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Dec 10, 2012
12/12
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last night president obama and house speaker john boehner met one-on-one at the white house to crunch a fiscal deal. it was 69 first time the two men met alone like this since the summer of 2011. the last time they tried to hammer out a deal. well, the president was in michigan today speaking before autoworkers and selling his tax plan. let's listen. >> if congress doesn't act soon, meaning the next few weeks, starting on january 1st everybody is going to see their income taxes go up. it's true. y'all don't like that, huh? we can solve this problem. all congress needs to do is pass a law that would prevent a tax hike on the first $250,000 of everybody's income. everybody. that means 98% of americans and probably 100% of you. >> in some republicans are slowly but steadily fatesing a reality on the fiscal negotiations. leading the way, senator bob corker of tennessee. >> there is a growing group of folks that are looking at this and realizing we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that's it. the presidency and the senate i
last night president obama and house speaker john boehner met one-on-one at the white house to crunch a fiscal deal. it was 69 first time the two men met alone like this since the summer of 2011. the last time they tried to hammer out a deal. well, the president was in michigan today speaking before autoworkers and selling his tax plan. let's listen. >> if congress doesn't act soon, meaning the next few weeks, starting on january 1st everybody is going to see their income taxes go up....